Yuneng Technology Co., Ltd.

SHSE:688348 Stock Report

Market Cap: CN¥9.1b

Yuneng Technology Balance Sheet Health

Financial Health criteria checks 6/6

Yuneng Technology has a total shareholder equity of CN¥3.7B and total debt of CN¥441.1M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥4.9B and CN¥1.2B respectively. Yuneng Technology's EBIT is CN¥159.4M making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥2.2B.

Key information

11.9%

Debt to equity ratio

CN¥441.11m

Debt

Interest coverage ratio-15.9x
CashCN¥2.17b
EquityCN¥3.70b
Total liabilitiesCN¥1.18b
Total assetsCN¥4.88b

Recent financial health updates

Recent updates

The Returns On Capital At Yuneng Technology (SHSE:688348) Don't Inspire Confidence

Oct 15
The Returns On Capital At Yuneng Technology (SHSE:688348) Don't Inspire Confidence

Is Yuneng Technology (SHSE:688348) A Risky Investment?

Aug 20
Is Yuneng Technology (SHSE:688348) A Risky Investment?

Is Now An Opportune Moment To Examine Yuneng Technology Co., Ltd. (SHSE:688348)?

Jul 24
Is Now An Opportune Moment To Examine Yuneng Technology Co., Ltd. (SHSE:688348)?

Some Investors May Be Worried About Yuneng Technology's (SHSE:688348) Returns On Capital

Jun 27
Some Investors May Be Worried About Yuneng Technology's (SHSE:688348) Returns On Capital

There Might Be More To Yuneng Technology's (SHSE:688348) Story Than Just Weak Earnings

May 06
There Might Be More To Yuneng Technology's (SHSE:688348) Story Than Just Weak Earnings

Yuneng Technology Co., Ltd. Just Missed EPS By 38%: Here's What Analysts Think Will Happen Next

May 03
Yuneng Technology Co., Ltd. Just Missed EPS By 38%: Here's What Analysts Think Will Happen Next

Yuneng Technology Co., Ltd.'s (SHSE:688348) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors

Apr 16
Yuneng Technology Co., Ltd.'s (SHSE:688348) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors

Yuneng Technology's (SHSE:688348) Returns On Capital Not Reflecting Well On The Business

Mar 19
Yuneng Technology's (SHSE:688348) Returns On Capital Not Reflecting Well On The Business

Analysts Just Shaved Their Yuneng Technology Co., Ltd. (SHSE:688348) Forecasts Dramatically

Feb 26
Analysts Just Shaved Their Yuneng Technology Co., Ltd. (SHSE:688348) Forecasts Dramatically

Financial Position Analysis

Short Term Liabilities: 688348's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 688348's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥123.4M).


Debt to Equity History and Analysis

Debt Level: 688348 has more cash than its total debt.

Reducing Debt: 688348's debt to equity ratio has reduced from 113% to 11.9% over the past 5 years.

Debt Coverage: 688348's debt is well covered by operating cash flow (156.2%).

Interest Coverage: 688348 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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